Albanian lek (ALL) market outlook and exchange rates

ALL Market Update

05 Aug 2026 • 00:38 GMT

ALL/USD 0.012354

The Albanian Lek (ALL) has reached its highest levels in about two months against the US dollar, trading near 0.012354. This is about 1.3% above its three-month average and reflects increased foreign inflows due to tourist activity and a robust fiscal surplus, which is reducing the local currency supply. The Bank of Albania’s recent foreign currency purchases and rate adjustments have supported the Lek, although their influence is somewhat offset by efforts to prevent too much appreciation.

against the euro, the Lek has also climbed to a 90-day high around 0.010717, supported by similar factors like solid foreign earnings and cautious central bank intervention. The Lek has shown relative stability across most major currencies but remains slightly stronger against the GBP and CAD, both trading near 30 and 90-day highs, respectively. The currency's movement remains within a narrow trading range, indicating cautious trader sentiment amid ongoing global geopolitical and economic developments.

Overall, the Lek’s strength is driven by favorable domestic fundamentals but faces some limitations from central bank measures aimed at stabilizing inflation and controlling currency volatility.